CUBA YES! BUY REAL ESTATE IN CUBA
Cuba announced to the world that it will finally allow the buying and selling of real estate. After 50 years of a frozen communist style real estate market anyone can now buy Cuban houses, codos, and real estate. Cuban property which has been forbidden can now be freely bought and sold for the first time since the Fidel Castro Cuban revolution.
Image via WikipediaCuba's new Real Estate law officially starts Nov. 10 but for now its only for Cuban citizens and permanent foriegn residents. Cuban newspapers headlines screamed the long awatied news on the front page of Thursday's Granma which is Cuba's Communist Party news paper.
RAUL CASTRO SAYS YES TO REAL ESTATE MARKET
Cuba stated that this free Real estate market for all Cubans is the most important reform yet in a series of free-market ideas announced by Cuban President Raul Castro since taking over from his older brother Fidel Castro
Castro's Cuban government has placed a modest 4% tax and the rules allow for only two properties per person. One home in teh city and the other a vacation home on the beach or countryside.
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| Cuba Mansion In Havana |
Cuba announced to the world that it will finally allow the buying and selling of real estate. After 50 years of a frozen communist style real estate market anyone can now buy Cuban houses, codos, and real estate. Cuban property which has been forbidden can now be freely bought and sold for the first time since the Fidel Castro Cuban revolution.
Image via WikipediaCuba's new Real Estate law officially starts Nov. 10 but for now its only for Cuban citizens and permanent foriegn residents. Cuban newspapers headlines screamed the long awatied news on the front page of Thursday's Granma which is Cuba's Communist Party news paper.RAUL CASTRO SAYS YES TO REAL ESTATE MARKET
Cuba stated that this free Real estate market for all Cubans is the most important reform yet in a series of free-market ideas announced by Cuban President Raul Castro since taking over from his older brother Fidel Castro
Castro's Cuban government has placed a modest 4% tax and the rules allow for only two properties per person. One home in teh city and the other a vacation home on the beach or countryside.
